Hayden AI, an expert in AI and geospatial analytics, has raised $53M in an oversubscribed Series B funding round led by the Drawdown Fund, which supports climate change solutions. Hayden AI’s technology aids governments and businesses in optimizing operations like improving traffic flow and transit ridership. The firm’s devices can be equipped on various vehicles, assisting in enforcing traffic rules and collecting essential data for better road safety and sustainable communities. The new funds will be used to bolster Hayden AI’s market presence in the U.S. and expand internationally.
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